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Illustration/The AR1500 tidal energy turbine (Courtesy of SIMEC Atlantis Energy)
Business Developments & Projects

Alderney invites bids for new tidal energy projects

The government of Alderney has invited global tidal energy developers to submit proposals on how they would harness the estimated 3GW of tidal energy resources around the northernmost Channel island.

about 3 years ago
FSO Safer
Business Developments & Projects

EEC expresses interest in recycling FSO Safer as salvage operation moves forward

Netherlands-based Elegant Exit Company (EEC), which specializes in the sustainable recycling of veteran ships by converting them into green steel, has voiced interest in recycling FSO Safer. The rapidly decaying supertanker is at the center of a United Nations-led mission worth over $100 million to

about 3 years ago
Huge potential puts Oman on track to become sixth-largest hydrogen exporter by 2030
Business Developments & Projects

Huge potential puts Oman on track to become sixth-largest hydrogen exporter by 2030

In a first-of-its-kind report, International Energy Agency (IEA) has presented how rich renewable resources and vast land expanses could make Oman a competitive low-emissions hydrogen supplier by 2030. The report called Renewable Hydrogen from Oman: A Producer Economy in Transition is the first IEA

about 3 years ago
Equinor taps Aker Solutions for 'first, umbilical-less TH installation'
Business Developments & Projects

Equinor taps Aker Solutions for ‘first, umbilical-less TH installation’

Norway’s state-owned energy giant Equinor has awarded compatriot Aker Solutions with a contract for the first delivery of its Submersible Wireless Installer for Tubing (SWIFT). According to Aker Solutions, the advantage of SWIFT includes OPEX and carbon-footprint savings for operators by providing u

about 3 years ago
Ciel & Terre’s 73.4MWp Kayamkulam floating solar plant in India (Courtesy of Ciel & Terre)
Business Developments & Projects

French company becomes GW-scale floating solar player

France-based company Ciel & Terre has exceeded 1.5GWp of floating solar projects in its pipeline, claiming the world-record for the company with the most floating solar plants constructed in the world.

about 3 years ago
Norbe VI; Source: Ocyan
Business Developments & Projects

Ocyan undergoes restructuring, giving birth to new drilling player

Ocyan has confirmed the completion of its restructuring process, which enabled it to separate its drilling business into a new company, temporarily being called DrillCo.

about 3 years ago
ammonia-powered
Business Developments & Projects

Clarksons: 48% of orderbook embracing alternative fuels with 191 ships ammonia-ready

A total of 5.5% of fleet capacity today is alternatively fuelled, up from 2.3% in 2017, according to Clarksons’ Green Technology Tracker, which estimates the figure to reach 6.5% by 2025. Although alternative-fuelled newbuild ordering has been a little slower in 2023 to date, 48% of overall orderboo

about 3 years ago
NTS launches LNG dual-fuel newbuilds for Himalaya Shipping and EPS
Business Developments & Projects

NTS launches LNG dual-fuel newbuilds for Himalaya Shipping and EPS

China-based New Times Shipbuilding (NTS) has held launching ceremonies for two LNG dual-fuel bulk carriers built for Himalaya Shipping and Eastern Pacific Shipping (EPS). The launching ceremony for Himalaya Shipping’s 210,000 dwt bulk carrier was held on 9 June. Named Mount Neblina, the vessel is th

about 3 years ago
Illustration/Dragon 4 towing in Faroe Islands (Courtesy of Minesto)
Business Developments & Projects

Minesto hits a snag with Dragon 4 tidal energy kite’s offshore trials

Swedish company Minesto has retrieved its Dragon 4 tidal energy unit in Faroe Islands, amid interruption of electricity production during tests in Vesmanna.

about 3 years ago
Norwegian deep-water installation vessel to back Mediterranean gas pipeline installation
Business Developments & Projects

Norwegian deep-water installation vessel to back Mediterranean gas pipeline installation

Norwegian offshore vessel owner Island Offshore has secured a contract to support the installation of a new gas pipeline in the Mediterranean. The company’s deep-water installation vessel Island Victory will carry out the installation of a complete mooring spread for a floating storage regasificatio

about 3 years ago
FPSO Espoir Ivoirien; Source: BW Offshore
Business Developments & Projects

With BW Offshore FPSO’s stay prolonged, Tullow puts all options on the table for stake in oil field off Ivory Coast

Tullow Oil is mulling over all available options regarding its interest in an oil field located offshore the Ivory Coast.

about 3 years ago
Tidal turbine foil made for ORPC device as part of CRIMSON Project (Courtesy of ÉireComposites)
Business Developments & Projects

CRIMSON tidal energy project enters next phase

The EU-backed CRIMSON project has moved to the next stage with the delivery of new foils for ORPC’s tidal energy turbine.

about 3 years ago
JERA, EnBW and VNG looking into ammonia cracker demonstration plant in Rostock
Business Developments & Projects

JERA, EnBW and VNG looking into ammonia cracker demonstration plant in Rostock

Japanese energy company JERA and its two German counterparts EnBW and VNG have teamed up to study the feasibility of constructing an ammonia cracker demonstration plant. To this end, the parties signed a memorandum of understanding (MoU) to jointly examine the feasibility of the construction of a de

about 3 years ago
Uranus rig; Source: Trillion Energy
Business Developments & Projects

Drilling ops kick off at sixth well in Black Sea drilling campaign

Trillion Energy has spudded the sixth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.

about 3 years ago
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